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The Latest Breaking News from L3Harris Technologies Inc

Forget Tech—Trump Just Made Defense The Hottest Trade On Wall Street

While investors obsess over record highs in the SP 500 and Nasdaq 100, one sector quietly crushed them both last quarter, and real money is pouring in fast.

Benzinga

Missed the Rally? These 3 Dividend Stocks Could Still Explode Higher

Three dividend stocks with analyst Strong Buy ratings and bullish technicals, offering income and potential upside despite market highs.

Barchart

Two US Lawmakers On The Armed Services Committee Quietly Snapped Up L3Harris Shares Leading Up To Iran Tensions: 'This Shouldn't Be Legal'

Two U.S. lawmakers are being called out after disclosing their stock purchases involving defense contractor L3Harris Technologies Inc. (NYSE:LHX), in the lead up to conflict with Iran, while serving on the Congressional Armed Services Committee.

Benzinga

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3 Defense Stocks Benefiting from Rising Global Tensions

The defense sector is set for significant expansion, driven by rising global uncertainties and growing defense budgets. In this climate, investing in strong, well-established defense stocks, L3Harris Technologies (LHX), Northrop Grumman (NOC), and General Dynamics (GD) could yield attractive returns. Read on….

StockNews.com

3 Undervalued Stocks to Buy This December

With 2024 nearing its finale, here are three budget-friendly stocks to consider this month for potential gains.

Barchart

3 Defense Stocks Signaling 'BUY' in Profitable 2024

With increasing geopolitical instability resulting in an uptick in defense spending and rapid digital transformation, the aerospace and defense industry’s outlook appears promising. Hence, quality defense stocks L3Harris (LHX), BWX Technologies (BWXT), and Kaman (KAMN) could be ideal buys for substantial gains this year. Read on….

StockNews.com

The 3 Defense Stocks You Should Own This Month and Beyond

The defense industry shows promising long-term growth potential amid increasing geopolitical tensions, technological advancements, and rising defense spending. Therefore, let's assess the prospects of fundamentally strong defense stocks L3Harris Technologies (LHX), OSI Systems (OSIS), and Northrop Grumman (NOC). Keep reading….

StockNews.com

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3 Defensive Stocks to Buy Now Before They Takeoff

Bolstered by easing supply chain bottlenecks and increased defense outlays, the defense industry is poised to witness significant growth in 2023 amid growing geopolitical tensions. Since the market for defense components is expected to remain elevated, buying quality defense stocks Raytheon Technologies (RTX), Lockheed Martin (LMT), and L3Harris Technologies (LHX)…

StockNews.com

Pentagon awards L3Harris $40 million anti-drone weapon systems contract

The U.S. Department of Defense awarded L3Harris Technologies Inc a $40 million contract to deliver 14 anti-drone weapon systems to bolster Ukraine's security forces, the defense contractor said on Friday.

Reuters

The 3 Top Aerospace and Defense Stocks to Buy Now

The U.S. aerospace and defense industry is evolving, supported by lucrative fiscal investments and rapid defense technology advancement. Moreover, given the growing tension between China and Taiwan, it could be wise to add quality aerospace and defense stocks, Lockheed Martin (LMT), L3Harris Technologies (LHX), and Raytheon Technologies Corp. (RTX) to…

StockNews.com

2 Aerospace Stocks to Buy and 1 to Avoid Like the Plague

The aerospace industry is expected to see a solid rebound this year with companies focusing on advanced technologies and increased government focus on strengthening the defense framework. Given the backdrop, aerospace stocks, L3Harris Technologies (LHX), and Lockheed Martin (LMT) could be ideal buys now. However, considering its weak fundamentals, we…

StockNews.com

L3Harris Technologies Eyes Israeli Spyware Firm NSO: Reports

L3Harris Technologies Inc (NYSE:LHX) is planning to acquire Israeli spyware firm NSO Group, Reuters reported, citing U.S. and Israeli media. The deal is expected to be finalized after being approved by Israel, the U.S., and L3Harris’ board of directors. A separate report published by Intelligence Online has shed light on the White House’s…

Benzinga

Japan Meteorological Agency Picks L3Harris To Lead Weather Satellite Study

L3Harris Technologies Inc (NYSE:LHX) has secured a contract from the Japan Meteorological Agency (JMA) for an advanced study to enhance the accuracy and timing of Japan's weather forecasting. The financial terms were not disclosed. L3Harris will lead the geostationary hyperspectral infrared (IR) sounder study for the JMA's future enterprise. L3Harris evaluates geostationary sounder…

Benzinga

L3Harris Bags $117M Space Object-Tracking Modernization Contract

L3Harris Technologies Inc (NYSE:LHX) has secured $117 million for option-year three of a U.S. Space Force and U.S. Space Command contract to maintain and modernize infrastructure to track objects in space. The Maintenance Of Space Situational Awareness Integrated Capabilities (MOSSAIC) program has an estimated contract value of $1.2 billion over 10 years. L3Harris…

Benzinga

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Benzinga

L3Harris Partners With Shield Capital To Aid Emerging Defense, Commercial Technologies

L3Harris Technologies Inc (NYSE:LHX) and venture capital firm Shield Capital have established a strategic partnership to accelerate defense, commercial technology solutions. In partnership with Shield, L3Harris will quickly identify, fund, and then guide technology development and solutions that will solve urgent national security needs. The agreement provides L3Harris access to disruptive innovators for…

Benzinga

Analyzing L3harris Technologies Inc's Short Interest

L3harris Technologies Inc's (NYSE:LHX) short percent of float has risen 20.18% since its last report. The company recently reported that it has 2.57 million shares sold short, which is 1.31% of all regular shares that are available for trading.

Benzinga

Eve, Global Crossing Airlines Sign LOI For Up To 200 eVTOL Aircraft

Eve UAM, LLC , an Embraer SA (NYSE:ERJ) company, signed a Letter of Intent with Global Crossing Airlines Group, Inc. (OTC:JETMF) for order of up to 200 of Eve's electric vertical take-off and landing aircraft (eVTOL). This potential sale is included in Eve's current order backlog of up to 1,785 eVTOLs. Delivers are expected to start…

Benzinga

Wells Fargo, Susquehanna Cut L3Harris Price Target Following Q4 Results

Wells Fargo analyst Matthew Akers lowered L3Harris Technologies Inc's (NYSE:LHX) price target to $240 (an upside of 15%) from $254 and maintained an Overweight rating on the shares. Akers notes the stock trades at a discount to its defense peers despite his belief that it is a portfolio well-matched to Department of Defense spending priorities…

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Benzinga

Lockheed Martin Names Jay Malave As Finance Chief

Lockheed Martin Corp (NYSE:LMT) has appointed Jesus "Jay" Malave as the company's next chief financial officer, effective immediately. John Mollard, who served as acting CFO on an interim basis, will continue as vice president and treasurer. Malave most recently held the positions of senior vice president and CFO for L3Harris Technologies Inc (NYSE:LHX). Before that,…

Benzinga

L3Harris Technologies Stock Slips After Q4 Results, Provides FY22 Outlook

L3Harris Technologies Inc (NYSE:LHX) reported a fourth-quarter FY21 revenue decline of 7% year-over-year to $4.35 billion and decreased 1% on an organic basis. The revenue decline was attributable to divestitures within Aviation Systems and supply chain-related constraints within Communication Systems. Integrated Mission Systems revenue was $1.56 billion (+6% Y/Y) and an operating margin…

Benzinga

L3Harris Secures $750M IDIQ Contract From US Marine Corps

L3Harris Technologies Inc (NYSE:LHX) has secured a competitive 10-year, $750 million single-award IDIQ contract from the U.S. Marine Corps for multi-channel handheld and vehicular radio systems. The L3Harris Falcon IV family of manpack and handheld radios selected by the USMC have been broadly adopted by the U.S. Army, U.S. Special Operations Command, U.S.…

Benzinga

L3Harris Appoints Michelle Turner As Finance Chief

L3Harris Technologies Inc (NYSE:LHX) has named Michelle Turner as Senior Vice President and Chief Financial Officer, effective immediately. Turner succeeds Jay Malave, who has chosen to pursue career opportunities outside of L3Harris. Turner joins L3Harris from Johnson & Johnson (NYSE:JNJ), where she led finance for the enterprise supply chain function, developing strategies to drive financial…

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